Khazanah may divest Westports stake


PETALING JAYA: Khazanah Nasional is said to be looking to divest its stake in Westports Holdings Bhd, a move that resonates with its policy to reduce stakes in companies that are deemed as non-strategic in its portfolio of investments.

Sources said the state investment arm was looking at placing out its entire 4.74% shareholding in Westports to other funds through a book building exercise.

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Business , Westports , Khazanah , maritime

   

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